Carbon credits 2.0Be green or be square. I guess ENB can build solar farms to power their line compressors and get credits?
>>>GATINEAU, QC, March 5, 2021 /CNW/ - The Minister of Environment and Climate Change, the Honourable Jonathan Wilkinson, today announced draft regulations to establish the Federal Greenhouse Gas Offset System to reduce carbon emissions and create jobs...The system will support a domestic carbon trading market under Canada's carbon price for industry – the Output-Based Pricing System (OBPS) – under which regulated facilities who exceed their emission limits can provide compensation by purchasing federal offset credits – an additional lower-cost option – generated from activities not already incentivized by carbon pollution pricing....Once established, the Federal Greenhouse Gas Offset System will stimulate demand for projects across Canada that reduce greenhouse gases and generate federal offset credits. The ability to generate and sell federal offset credits creates opportunities for farmers, foresters, Indigenous communities, municipalities, and other project developers to earn revenues from greenhouse-gas reductions and removals.
https://finance.yahoo.com/news/now-accepting-applications-prime-ministers-150000864.html